NY S08838 | 2023-2024 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: Introduced on March 19 2024 - 25% progression, died in committee
Action: 2024-05-20 - REPORTED AND COMMITTED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 19 2024 - 25% progression, died in committee
Action: 2024-05-20 - REPORTED AND COMMITTED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
Title
Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".
Sponsors
| Sen. Pamela Helming [R] | Sen. George Borrello [R] | Sen. Patrick Gallivan [R] | Sen. Robert Jackson [D] |
| Sen. Steven Rhoads [R] | Sen. Robert Rolison [R] | Sen. William Weber [R] | Sen. Alexis Weik [R] |
Roll Calls
2024-05-20 - Senate - Senate Housing, Construction And Community Development Committee Vote (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-20 | Senate | REPORTED AND COMMITTED TO FINANCE |
| 2024-03-19 | Senate | REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT |
Same As/Similar To
A09710 (Same As) 2024-04-03 - referred to real property taxation
